How do I add 10% in Excel?
Here's how to do it:
- Enter the numbers you want to multiply by 15% into a column.
- In an empty cell, enter the percentage of 15% (or 0.15), and then copy that number by pressing Ctrl-C.
- Select the range of cells A1:A5 (by dragging down the column).
VAT calculation formula for VAT exclusion is the following: to calculate VAT having the gross amount you should divide the gross amount by 1 + VAT percentage (i.e. if it is 15%, then you should divide by 1.15), then subtract the gross amount, multiply by -1 and round to the closest value (including eurocents).
- To subtract any percentage from a number, simply multiply that number by the percentage minus 100. To divide by 20 percent, multiply by 80 percent. To divide by 30 percent, multiply the number by 70 percent. Before beginning, determine the gross amount you want to use before subtracting a percentage.
- To increase a number by a percentage amount, multiply the original amount by 1+ the percent of increase. In the example shown, Product A is getting a 10 percent increase. So you first add 1 to the 10 percent, which gives you 110 percent. You then multiply the original price of 100 by 110 percent.
- Work out how much VAT you paid on your purchases. Different rates of VAT apply to different goods and services. There are currently three rates - the standard 20% (increased from 17.5% on 4 January 2011), a reduced rate charged at 5% and zero rate.
Updated: 18th September 2018